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Place a buy stop order 1 tick/pip above the high of the Setup Bar.
This indicator plots the highest high and lowest low over the last 14 periods. Strategy #4 relies on price interacting with these channel extremes to trigger entry signals. Step-by-Step Rules for Long Setups (Buy) steve primo strategy 4 pdf
Steve Primo emphasizes that keeping trading simple requires strict risk management. Place a buy stop order 1 tick/pip above
After leaving the trading floor in 1994, Primo shifted his focus to money management and teaching his unique approach. He has since been featured in prominent publications like "Stocks and Commodities" magazine and contributes to major trading websites. His strategies are now utilized by traders in over 108 countries across six continents. steve primo strategy 4 pdf